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Assume the Chicago Bears are sold for $260 million. If there is a 35% flat tax rate, how much would a double-declining balance depreciation of
Assume the Chicago Bears are sold for $260 million. If there is a 35% flat tax rate, how much would a double-declining balance depreciation of the player payroll increase their after-tax profits for each of the next 5 years? Assuming a 4% interest rate, what is the present value of their tax savings in each of these years? What is the total real tax savings across all years at the end of the five years?
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